Why NCUA discounts GAP analysis: A different model emerges

“…At first blush, the FFIEC guidance may look like a rehash of previous communiqués on interest rate risk, but the guidance includes important clarifications and new information, says Brad Olson, an interest rate risk consultant with Olson Research in Columbia, MD. In particular, the FFIEC “expanded on assumptions behind stress tests and on policy details that need to be in place. Policy is always an afterthought, but regulators don’t want it to be…” [read the entire report]